Press Releases

National Bank gives close to $435,000 to the Red Cross Tsunami Relief Fund

Montreal, 16 February 2005 -

National Bank has given close to $435,000 to the Canadian Red Cross to support the organization in its efforts to help the victims of the earthquake and tidal waves that ravaged Asia in December.

The amount consists of donations collected from Bank employees and clients up to February 9 and a corporate donation of $145,000 from the Bank and its subsidiaries.

“We are extremely proud to have been able to use our branches to collect donations for the communities affected by the tsunami,” explained Réal Raymond, President and Chief Executive Officer of National Bank.  “This is just one more example of how our clients and employees can always be counted on in times of need to help those less fortunate,” he added.

Within days of the catastrophe, the Bank stepped in to help the Canadian Red Cross in its fundraising efforts. Among other initiatives, it offered National Bank MasterCard clients the opportunity to turn their reward points into a donation. It also launched a poster campaign in its branch network to remind the public that they could make donations at any National Bank branch.

About the National Bank of Canada
National Bank of Canada is an integrated group which provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. The National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. The National Bank has assets close to $89 billion and, together with its subsidiaries, employs close to 16,500 people. The Bank’s securities are listed on the Toronto Stock Exchange (NA:TSX). For more information, visit the Bank’s website at www.nbc.ca.

Information: (The telephone number provided below is for the exclusive use of journalists and other media representatives.)

Denis Dubé
Manager, Public Relations Department
National Bank of Canada
Tel.: (514) 394-8644